Blockbuster Inc.

blockbuster inc. - All News and Analysis

• Blockbuster: Another Nail in the Coffin

  Seeking Alpha - 2009-01-07

  Investment U submits: Can you hear that, Blockbuster (NYSE: BBI)? It’s the sound of obsolescence. With the news that LG Electronics (LGERF.PK) will be producing high-definition televisions that will stream movies from Netflix (Nasdaq: NFLX), you can add another nail in the coffin for Blockbuster. by Investment U

  Tags: Media, Investment U, Blockbuster Inc., NetFlix Inc.

• Universal Studios In a Tussle With DVD Kiosk Firm Redbox

  Content Next - 2008-12-11

  DVD kiosk retailer Redbox, which filed for an IPO in June (and likely won't do it anytime soon with the market conditions) is in a scuffle with Universal Studios, where the NBCU-owned company has threatened to cut off Redbox's supplies of movies from its stable, reports WSJ. Redbox has...

  Tags: Lawsuit, Universal Studios, Redbox, DVD, Retail, Consumer Electronics, Personal Technology, Home Entertainment, Companies, NBC Universal, Entertainment, Movies, Legal, Rafat Ali, Blockbuster Inc.

• Blockbuster / Live Nation Ticket Deal: Win-Win

  Seeking Alpha - 2008-12-03

  Seth Gilbert submits: Blockbuster BBI wants to be your entertainment superstore. They’ll sell you electronics, rent you a movie or now, even get you into a concert. Tuesday, Blockbuster and Live Nation LVY announced a three year deal to make Blockbuster the brick & mortar retail outlet for...

  Tags: Media, Seth Gilbert, Blockbuster Inc., Live Nation Inc.

• Retail Roundup: Borders Not For Sale, Blockbuster Tests New Format, More

  BNET - 2008-12-02

  Borders not for sale --- After roughly half a year on the selling block, Borders Group is no longer for sale, executives announced. "We are no longer contemplating a transaction," CEO George Jones said in reference to the bookstore chain's May decision to review strategic options, including the sale of...

  Tags: Office Depot Inc., Blockbuster Inc., Borders Books & Music, E-business, Web Technology, E-business/E-Commerce, Retail, Financing Startups, Home Entertainment, Internet, Finance, Personal Technology, Danielle Novy

• Blockbuster Working With Microsoft To Deliver Movies To Mobile Devices, Eventually

  Content Next - 2008-12-01

  Blockbuster (NYSE: BBI) may have taken a while to release a set-top box to let consumers download movie rentals from the web to their television, but according to the Dallas Morning News its working with partner Microsoft (NSDQ: MSFT) to develop more services to allow people to watch films...

  Tags: Mobile, Movie, Blockbuster Inc., Microsoft Corp., Mobile Device, Dianne See Morrison

• Gaming Company PlaySpan Picks Up $16.8 Million Second Round

  Content Next - 2008-11-25

  In-game commerce provider Playspan has closed a $16.8 million second round of financing. Previous investors Easton Capital, Menlo Ventures, Novel TMT Ventures and STIC all participated in the round, in addition to undisclosed sources. The Santa Clara, Calif.-based company will use the funds to build out its publisher base...

  Tags: PlaySpan, Games, Personal Technology, Entertainment, Gaming, Virtual worlds, VC+M&A, Venture Capital, Tameka Kee, Blockbuster Inc., Wal-Mart Stores Inc.

• Blockbuster launches set-top box

  Strategy Eye - 2008-11-25

  Blockbuster is launching its set-top box film rental service, in a bid to compete with US rival, Netflix. The MoviePoint player, developed in partnership with device maker 2Wire, goes on sale in the US from this week and offers pay-on-demand rentals rather than subscription services. ...

  Tags: NetFlix Inc., Set-top Box, Set-top, Blockbuster Inc., Tv & Home Theater, Personal Technology, 2Wire, Apple, Inc., Blockbuster, NetFlix, Andrew McDonald

• Blockbuster Debuts Broadband Set-Top Box: Pre-Paid Rentals Can Net Free Device

  Content Next - 2008-11-25

  Blockbuster's newest gimmick is out of the gate: the MediaPoint digital media player by 2Wire can be ordered online or bought in some stores. Well, not exactly bought—the launch deal swaps the box for $99 in pre-paid rentals, 25 to be exact. Subsequent rentals start at $1.99. During the...

  Tags: NetFlix Inc., Set-top Box, Broadband, Blockbuster Inc., Keyes, Tv & Home Theater, Corporate Communications, Pricing, Personal Technology, Marketing, Entertainment, Movies, Media, TV, VOD, Staci D. Kramer

• Blockbuster, Inc. Q3 2008 Earnings Call Transcript

  Seeking Alpha - 2008-11-20

  Question-and-Answer Session Operator Operator Instructions Our first question comes from Arvind Bhatia – Sterne Agee. Arvind Bhatia – Sterne Agee Just a couple of questions, first of all I guess I wanted to understand from your standpoint the Blu-Ray penetration you said is increasing, I guess I...

  Tags: Blockbuster Inc., Call Transcript, Earnings, Blu-ray, Game Business, Games, Personal Technology, Seeking Alpha

• Blockbuster: Financing Issues Pressuring Shares

  Seeking Alpha - 2008-11-07

  Eric Savitz (Barron's) submits: Blockbuster BBI shares this morning are selling off sharply on concerns about the company’s significant financing needs in the year ahead. On the retailer’s post-earnings conference call last night, CFO Thomas Casey noted that Blockbuster has a $28 million term loan and a revolving...

  Tags: Financing, Blockbuster Inc., Seeking Alpha, Investment, Financial Accounting, Retail, Finance, Eric Savitz

• Blockbuster: Massively Undervalued

  Seeking Alpha - 2008-10-26

  Jeremy Richards submits: Blockbuster BBI looks massively undervalued. The current share price of $1.15 doesn't reflect the fair value. BBI is trading at a forward PE of 3.5 which is 4 x less than the average P/E of the S&P500. BBI trades at less than 1/2 its book value of $2.69 and the price to...

  Tags: Blockbuster Inc., Price, Seeking Alpha, Jeremy Richards, BBI, Sales Strategy, Sales Force Management, Sales, Media

• Retail Roundup: Sears Revamps Site, Blockbuster Finds Flexibility, and More

  BNET - 2008-09-25

  Sears revamps Web site with "first-of-its-kind" technology -- Sears has partnered with IBM and My Virtual Model to bring the retailer's entire catalogue into the third dimension, marking the first time a retailer has done so. The technology, slated to go live in October, allows consumers the chance to create...

  Tags: Sears Roebuck & Co., Retail Company, Blockbuster Inc., Retail, Danielle Novy

• Few Blockbuster Deals Come Out of Toronto Film Festival

  BNET - 2008-09-15

  Several interesting observations from the Toronto International Film Festival, which closed this weekend -- all regarding what it means that only three (yes, three) major deals happened. (Focus, Miramax, Lionsgate, Overture, and Sony Classics all walked away empty-handed.) Sure, smaller deals will start to trickle in after...

  Tags: Sony Corp., Film Festival, Festival, Fest, Blockbuster Inc., Sales Strategy, Sales Force Management, Blogging, Sales, Internet, Lindsay Blakely

• Real DVD: Upload Movie DVDs On Your Computer

  Seeking Alpha - 2008-09-09

  Julia Boorstin submits: Yesterday, Real Networks RNWK announced "Real DVD", a software application due out later this month, that allows consumers to upload their DVDs onto their computer hard drive. Real Networks says it's obtained all the necessary DVD playback licenses for customers to legally digitize their DVDs. With...

  Tags: Media, Blockbuster Inc., NetFlix Inc., RealNetworks Inc.

• Redbox: New Video Rental Competition for Blockbuster and Netflix

  Seeking Alpha - 2008-08-24

  Phillip Lyon submits: One of the investment strategies Peter Lynch touches on in his book One Up on Wall Street is to invest in companies that that you see every day. For instance, if you notice a new restaurant or retail store is performing really well you should check out...

  Tags: NetFlix Inc., Blockbuster Inc., Media, Coinstar Inc., McDonald's Corp.

• Circuit City Still for Sale - Who'll Buy It?

  Seeking Alpha - 2008-08-22

  Todd Sullivan submits: Blockbuster BBI offers almost a 100% premium to your current price and then complains your disclosure is inadequate, why would any other suitor step forward? Circuit City CC announced: by Todd Sullivan

  Tags: Circuit City Stores Inc., Retail, Blockbuster Inc.

• Blockbuster's Stores Are Its Problem and Its Possibility

  Seeking Alpha - 2008-08-19

  On the heels of Netflix’s NFLX problems last week getting DVDs out the door to subscribers, Needham & Co. analyst Charlie Wolf this morning initiated coverage of Blockbuster BBI with a “Hold” rating. Wolf says that while the company is throwing lots of things at the wall to “see if...

  Tags: Blockbuster Inc., Retail

• A Blockbuster Arbitrage Opportunity

  Seeking Alpha - 2008-08-15

  Gary Lucido submits: There are a lot of things in this world that just don’t make sense to me. Add to that very long list the relative prices of Blockbuster’s two classes of stock - the A BBI and B (BBI.B) shares. According to the Blockbuster Web site the B...

  Tags: Blockbuster Inc., Retail

• Circuit City: Outlook Is Grimmer Than Ever

  Seeking Alpha - 2008-08-13

  Todd Sullivan submits: Five years after Circuit City CC refused an $8-a-share offer from Mexican billionaire Carlos Slim and a 2005 $17-a-share offer by hedge fund Highfields Capital Management LP, Schoonover and his crew messed up a $6 to $8 offer from Blockbuster BBI. Shares today sit at $1.75....

  Tags: Circuit City Stores Inc., Blockbuster Inc., Retail

• Icahn Favorites Have Abysmal Month

  Seeking Alpha - 2008-08-08

  Steve Farrington submits: After the Yahoo! YHOO debacle that had us watching his every move this summer, August has not gotten off to the best start for the billionaire, either. Blockbuster, Inc. BBI posted a larger than expected 2nd quarter loss lead by low DVD rental margins. The...

  Tags: US Market, Blockbuster Inc., Biogen Idec Inc., Yahoo! Inc.

• Incorporated: 1989
• CEO: Mr. James W. Keyes